Growth & Expansion - The company emphasizes significant growth potential in the sidewalk delivery robot market, particularly in denser urban environments [1] - The company experienced rapid fleet expansion, growing from 100 robots to 1,000 robots within the year, representing a 900% increase [1] - The company projects to double its robot fleet to 2,000 robots by the end of the year [1] Market Selection & Strategy - The company prioritizes expansion into cities with high demand, a concentration of restaurants and population, and a welcoming attitude towards technology and innovation [2][3] - The company avoids cities with reservations or potential restrictions on robot operations [2] - The company collaborates with partners to identify locations with high demand and labor shortages [3] Regulatory Environment - The company highlights that robots are generally permitted to operate, as there are currently no laws banning them [2]
🤖 "There is demand for more robots": Serve Robotics CEO
Yahoo Finance·2025-10-19 23:30